Will LoseSome Resources do a tin rattle @ 40c?, page-33

First 33 Last

Share
Profile

Follow
tweetie2000

422 Posts.

41

18/01/24

12:27

Post #: 71941929
Share

Originally posted by ForeverNewbie: ↑

Wouldn't matter if they did. Your statement is only relevant to short term traders.
If people put their house on at $1 or even $1.50 they will eventually be in the green.

Too many people like you focusing on making money in a year.

Yes, its always amazing if you can buy it at the bottom but not many people can. You're making your decision based on TA
Unless you believe that this company should have an EV of 50MC with a 59mt resource. Regardless of Li sentiment, when comparing to its peers its still fair undervalued. Before the crew come in and say, if its undervalued why aren't people buying now. Why would you push the price up when you can accumulate at these low prices? Retail is scared shitless right now. No one on here seems interested in buying so there is no need to push the SP up.

People when they enter a company should be doing their DD on a long term horizon. Li prices in 5 years will be far higher than they are now.
This company will have a far larger resource by then.

I remember buying 100k of FMG at $3 and it ran to $7 only to go back down to $3 because ore prices dropped. The same narrative everyone is spinning right now was been spun then. Fear makes people sell and its replaced with regret.
Now its worth $27 a share and now I get nearly 100% a year in divies fully franked. Took 8 years to get here but I I would say I make multiples more than short term minded traders for FMG.

People that are patient make money and passively at that. Don't need to stress about SP fluctuations when you make passive income like that.
Same with all the PLS holders.

Expand

" If people put their house on at $1 or even $1.50 they will eventually be in the green."

Sorry, can't resist.

WR1 Price at posting: 68.5¢ Sentiment: None Disclosure: Not Held
6 Upvote

2 Great analysis

Reply

Top Stories

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BUX

Buxton projects new graphite province discovery at WA Narryer play

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

There are more pages in this discussion • 73 more messages in this thread...

First 33 Last

Add WR1 (ASX) to my watchlist

(20min delay)
Last 58.0¢		Change -0.035(5.69%)		Mkt cap ! $129.5M

Open	High	Low	Value	Volume
60.0¢	60.0¢	56.5¢	$231.4K	398.3K

Buyers (Bids)

No.	Vol.	Price($)
4	6570	57.5¢

Sellers (Offers)

Price($)	Vol.	No.
58.0¢	6965	6

View Market Depth

No.	Vol.	Price($)
4	27559	0.580
3	8121	0.575
9	70522	0.570
5	131041	0.565
3	110857	0.560

Price($)	Vol.	No.
0.590	9232	2
0.595	12642	5
0.600	15881	3
0.605	5890	1
0.610	16058	3

Last trade - 14.19pm 04/10/2024 (20 minute delay)

WR1 (ASX) Chart

Will LoseSome Resources do a tin rattle @ 40c?, page-33

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Buxton projects new graphite province discovery at WA Narryer play

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Will LoseSome Resources do a tin rattle @ 40c?, page-33

Top Stories

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Buxton projects new graphite province discovery at WA Narryer play

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News